If you were contemplating buying a condo next to BTS Sukhumvit, rest assured that condominium purchases have been one of the hottest real estate transactions going during peak home-buying season. It would be imperative that both first-time homebuyers along with the ones who look forward to downsizing their housing requirements, the condo next to BTS Sukhumvit (คอน โด ติด รถไฟฟ้า สุขุมวิท, which is the term in Thai) remains quite affordable.
Despite the time when condominiums had a considerably poor reputation in the real estate industry, rest assured that they started gaining recognition in market value at a rate similar to single-family residences.
Recently, a majority of condo owners have been satisfied with their purchase only if they take time to make an informed decision. If you were thinking of buying a condo next to BTS Sukhumvit, it would be in your best interest to ensure that you should look for the aspects to avoid when finding a condo that would not make you regret it later.
Things To Look Out For When Buying A Condo
Numerous aspects have been associated with when you look forward to buying a condo. However, most of these aspects could be avoided with ease. Let us delve into a few aspects you should consider when buying a condo.
How Is The Condo Managed?
It would be in your best interest to check how the condo is managed. It would not be wrong to suggest that a few condo complexes would be poorly managed. It would be worth mentioning here that some research on your part would ensure your awareness about the fees associated with maintaining the condo next to BTS Sukhumvit. While the fees might be common, consider ensuring that the fees were not exorbitantly higher than the level of quality maintenance, received by the complex.
Who Occupies The Adjoining Units?
It would be imperative you take the time to find out about the ones occupying the adjoining units of the condo complex you were contemplating purchasing. Nonetheless, there has been a trend followed in several complexes for occupancy of the units primarily by renters instead of owner-occupants. It might create a problem when the occupants have little pride of ownership. It might make it unbearable for the ones having paid a decent amount for their respective condo units.
However, it would be in your best interest to gather adequate information about the condo you consider buying before investing your hard-earned money in it.